BlackRock's former sec lending head joins Citadel

BlackRock's former sec lending head joins Citadel

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BlackRock’s former global head of securities lending has joined Citadel as a chief operating officer in one of the asset manager's stock-trading units.

Michael Weaver, who left BlackRock at the end of last year, started at Citadel’s Surveyor Capital equity group this month according to his LinkedIn profile.

Weaver had led global securities lending at BlackRock since February 2013 and has since been replaced by Roland Villacorta.

Villacorta had been head of portfolio management in BlackRock's financial markets advisory group.

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